International Paper (IP)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 18,619,000 | 18,916,000 | 21,161,000 | 19,363,000 | 20,580,000 |
| Property, plant and equipment | US$ in thousands | — | — | 10,855,000 | 10,824,000 | 12,217,000 |
| Fixed asset turnover | — | — | 1.95 | 1.79 | 1.68 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $18,619,000K ÷ $—K
= —
The fixed asset turnover ratio for International Paper has shown a positive trend over the years, increasing from 1.68 in December 31, 2020, to 1.79 in December 31, 2021, and further to 1.95 in December 31, 2022. This indicates that the company is generating more sales revenue relative to its fixed assets, reflecting improved efficiency in asset utilization.
However, there is missing data for December 31, 2023, and December 31, 2024, which limits the ability to assess the continuous trend. It would be crucial to obtain the missing figures to gain a more comprehensive understanding of the company's fixed asset turnover performance for those years.
Overall, the increasing trend in fixed asset turnover suggests that International Paper is effectively utilizing its fixed assets to generate sales revenue, which can be a positive indicator of operational efficiency and potential profitability. Monitoring this ratio over time can help assess the company's ability to generate sales from its investment in fixed assets.
Peer comparison
Dec 31, 2024